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fifteen million recipients have been added in the obama years and the cost is doubled. this administration gets people to sign up. this is what we want? a handout culture which drags youngsters in right from the start of their lives where dependency is taught from the get go. surely not. it goes against the american dream. i wasn't born here but i think i know what america is all about or used to be all about. individual responsibility, personal effort, liberty and justice for all. where is the liberty in dependency? where is the individual responsibility in looking to somebody else to feed you? defenders say food stamps for kids helps the economy and make some healthy. maybe. probably true. one in four children eating courtesy of taxpayers' changes the nature of our society. entitlement is not a birdie. dependency is not freedom. a handout is not prosperity. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by
and deficit. karen travers has more. >> new year, a new cabinet. the obama administration shuffle continues. today president obama will nominate jack lew for treasury secretary. currently the chief of staff steps into the job at a very critical time. his experience as an administration insider and budget grew will be quickly put to the test. -- budget guru will quickly be put to the test. lawmakers me to address the automatic spending cuts they put off in order toch a last- minute fiscal cliff deal. lew may be getting a lot of attention for this his signature that will soon be put on newly-printed money. >> are you working on his signature? >> not that i am aware of. >> this is also drawing criticism. for the first time in years, all the cabinet positions will be held by men. john brennan at the cia and john kerry secretary of state. "the new york times" published this photograph yesterday. only men are visible. the white house fired back. >> women serve a key position and policy here as they do in the administration. overall 43% of his appointees have been women, including two high-profile
with you in a second. but up next, president obama has an another four years to do what he wants but is that four more years or 16 months. um, hello. these ugly stains are ruining my good looks and style. and good luck using that cleaner. excuse me, miss ? he's right. those are tough hard water stains, and that cleaner's not gonna cut it. truth is, 85% of us have hard water and many don't even know it. you need lime-a-way. lime-a-way is specially formulated to conquer hard water stains. it's 4 times more effective at removing lime scale than the leading bathroom cleaner. see the lime-a-way difference or your money back. >> john: welcome back. thus far we've been discussing what president obama would like to get done in a second term, but as we know in washington, d.c. the best laid plans of parties and presidents tend to get distorted obstructed misrepresented, demonized, go afoul and askance. how does he go about his second term agenda? with us is reid epstein along with glen thrush wrote an excellent piece about this topic, why obama is picking fights with congress.
. president obama, this is the first one is adding a symbolic twist to this year's public spearing in ceremony. on january 21st, the president is going to take the oath of office but with two bibles. one that belonged to abraham lincoln, and one that belonged to martin luther king jr. the president is going to be sworn in with king's bible on martin luther king jr. day. he'll be facing at that moment the lincoln memorial, where king delivered his famous "i have a dream" speech 50 years ago. as far as symbolism goes, it does not get better than that. and then what had gotten better are california's finances. for the first time in five years california will not have a budget deficit. in fact, democratic governor jerry brown today announced a budget for the next fiscal year that bloomberg news projects to have a $851 million surplus. a surplus. as recently as 2009 california ran a $49 billion budget deficit deficit. now $851 million surplus. thanks to voter-approved tax increase the past election, the budget actually increases investments, including for california schools. it takes a progressive
" at president obama's first inaugural ball in 2009. this year she will be back performing the national anthem at the president's swearing in ceremony. kelly clarkson will sing, my country 'tis of thee. james taylor will perform america the beautiful. organizers say the president personally selected those performers. >> coming up on news 4 at 11:00 -- next step for d.c. investigators after a ferry crashed into a dock in new york sending passengers flying into the air. >> a dog struggling to stay afloat after falling into a frozen lake. see how the dramatic rescue unfolded. >> a rare find inside a local >>> firefighters came to the res kus of cue of a dog in distress. firefighters used a long rope to get to the dog and pull him out once he was back on solid ground he seemed fine getting right on his feet and shaking off the cold water. >>> capin and the crew of a ferry that crashed into a dock in new york city. will talk with investigators from the national transportation safety bureau tomorrow. that ferry was arriving in lower manhattan from new jersey when it slammed into the dock. the collis
was appointed by president obama a little more than two years ago to be united states attorney and it is my incredible honor to represent the president, the obama administration here in the northern district of california. welcome to the stop bullying summit. i'm a federal prosecutor so it may seem odd that here we are talking about bullying and we asked all of you to be here and i want to explain the origin of that and why this happened. you people, everybody in this room, has been involved in this issue and is doing incredible work on this issue and we were so honored to be a part of it and to meet with all of you and to speak with you about it. the origin is that as the united states attorney, the administration wants me, wants all the united states attorneys, to go out into the community. it's actually a very different role for the united states attorney is envisioned by this administration. this administration, the president, attorney general holder, they want the u.s. attorneys to go out into the attorney to talk to the communities in our district to understand what the issues are
, president obama will take the oath of office using two historic bibles this year. we will reveal the or jins of those bibles. it's one of the things we thought you should know. >>> michael and mia are keeping an eye on their inventory. they're always ready for customers who order seed bombs from their company visual lingual. strong relationships with suppliers and knowing clients' habits help them maintain a balanced inventory. ♪ you know my heart burns for you... ♪ i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. has oats that can help lower cholesterol? and it tastes go
obama's last inauguration drew a record crowd. this year, officials expect a record attendance for a second inauguration, which tends to be smaller. >> a lot of the final planning takes place after the election. think about planning a wedding in three months. >> the president will take the oath of office on the capitol platform. several ballrooms and parties are already sold out. memorabilia is already flying off the shelves. >> i have an obama mug. >> i think i will get my son and a t-shirt. >> people are looking to snatch up a bit of history. the inauguration will overlap with the martin luther king jr. holiday and that could contribute to crowd. wbal tv-11 news. >> we have breaking news right now. let's send it up to capt. right taylor and skycam 11. roy, what is happening? >> four pedestrians have been struck by a vehicle from what we understand. fire crews are on the scene. they have pretty much shut down the road way. we are still trying to acquire more information. we will update your. reporting live, sky team 11. >> the battle for killer whales trapped under the ice in
that will not be broken in the future. >> u.s. troops are expected to leave afghanistan by the end of next year. today's meeting comes one day before karzai meeting with president obama at the white house. >> metro is looking at its security, specifically on buses. in the wake of a shooting incident last december that left a young mother dead and her daughter wounded. brown was shot to death while she was boarding a bus. her 23-month-old daughter was shot in the face but survived. authorities say the child's father later killed himself. police say that they caught the man who stole two police cruisers last month. they are both charged with grand larcenyny. the cruisers were stolen within days of each other. a missing shotgun and mobile computer remains unaccounted for. >> the coast guard is holding hearings to investigate the sinking of a tall ship during hurricane sandy. it sank about 90 miles southeast of north carolina. two people including the captain were killed and 14 others survived after escaping in lifeboats. >> no pictures like that around here, thank hea
to be president. >> president bush used it 298 times in eight years if anyone thinks that president obama has used it more. nope, only 144 times in just four years. jeffrey toobin, thank you. it is good of you to clear that up. take a look at this. you see the numbers. those are all of the president's orders. the executive orders by face, name, and number. so you can make your decisions as you will when people say ruling by fiat means. it doesn't mean the government is coming to take your a.k. out of your hands. >>> i want to give you a post script, walmart declined the invitation to meet with vice president biden's panel. then, abrupt switching of gears. christine romans breaking that on the air yesterday. they accepted the invitation and now the nation's largest firearms retailer says its representative is going to meet with attorney general, eric holder but not vice president biden himself. there you go. >>> another piece of news that is making very big headlines. silent killer sweeping across the country now. after a mild season last year, the flu is back this time with a vengeance. the center
. and now the president may not be towing the line he led? >> first of all, four years out of obama, you're most likely to a women on the tee at augusta than at a cabinet meeting at the white house. the president laid out the three cabinet picks and said these are the best three america to serve these jobs. you take somebody like chuck hagel who has already signaled to the iranians he's taken off any military strikes in the event of them having nuclear capability, that this can't be the best personality we have. anti-israel and so forth. so not only did he ignore any women in the picks, he's picked people who are not qualified. >> when you talk about anti-israel, talk about what you mean. that's been disproven, john from here to sunday. >> what happened is chuck hagel is going back and changing history. first of all, he did go back and say he does not believe the right way ever to stop iran is to have any type of military strike possibility. now, you got to pressure remember, this is the same president who already took out the russians -- he was going to be more flexible negotiating miss
years. >> it's not a lot of time. >> reporter: he's been counting down the days until president obama's second inaugural parade. >> we do count, not just by days, but by hours. >> reporter: coming as no surprise because fred and a few hundred of his colleagues will largely determine the parade's success. >> they are exciting. they define the company every four years. >> reporter: you see, fred stricland is the executive -- strickland is the executive director here, making floats for the past 17 inaugural parades. going all the way back to the truman administration. this year the company is also named the general contractor for the presidential inaugural committee. and they added at least 70 parts of the employees to their full-time staff. i mean, higher operations, they are now running 24/7. >> he said despite having worked on 7 inaugurations for the company, it never gets old. >> it is the most proud event we do. >> reporter: not only does he still love the parade. >> yes, absolutely. >> did you have fun? >> yes. >> reporter: he and his hard working employees, they still love buildin
in 2009 president obama decided against an investigation. and a criminal investigation ended last year with no charges and no public report. and that's how it should be. because remember, nation, when it comes to actual torture, "what you don't know won't hurt you." [ laughter ] and if you do know, we will hurt you until you tell us what you know. [ laughter ] but this is more important than reality. this is the movies, where americans learn their history. [ laughter ] that's how i learned that slavery was bad, and lincoln was killed by a vampire. [ laughter ] again daniel day lewis is a genius. he will be missed. [ laughter ] the key question is not whether torture led to bin laden, but whether it will lead to oscarrrrrr! [ laughter ] because this movie is racking up the praise. last night it won the new york film critics most movie award. and my erstwhile guest bigelow somehow found time to attend that function, saying "depiction is not endorsement, and if it was, no artist could ever portray inhumane practices; no author could ever write about them; and no film-maker could ever del
. mr. obama never considered letting it happen agreeing to let them rise on the 1%. although he let a two-year cut in social security payroll taxes expire as scheduled. weak growth is lower tax receipt. given the liberal views mr. lew and the president left themselves no good option for dealing with the dilemmas. mr. lew could make a start by telling the truth about taxes. but will he? bret? >> bret: brit, we talked about it before about the word "default" tossed around when talking about the debt ceilin ceiling. why do you think that the word is being kind of loosely used in this framework? >> default traditionally understood means failure to make payment on your debt. on your national debt. those payments account for 6% of the federal spending. tax receipt which would continue after a breach of the debt ceiling account for 60%. so they would overwhelmingly be plenty of money to make payment on the national debt. you will hear default on our obligations. that is a loose and slippery term which means that the government wouldn't be able to finance all of the spending. it would be a
what they faced in last year's flu season. >>> president obama plans to nominate jack lu. that announcement is expected this week.. that announcement is expected this weee. that announcement is expected this weew. that announcement is expected this week. the board says the reasons behind that decision will become clear through court filings in the coming weeks. >>> dallas maverick's owner has been fined $50,000 over a tweet. he tweet thad he failed miserableably in his attempt to fix the officiateing in his league. he has been fined millions of dollars as a team owner. >> coming up. theory dick list is next. stion. every day. when you have the most advanced tools, you want to make something with them. something that helps. helps safeguard our shores. helps someone see through a wall of fire. helps those nowhere near the right doctor stand a chance. ... feeling in the extremities ? no. technology can do that. who can tell me the third life cycle stage of the frog ? it can take a sick kid to school. nathan. tadpole. and help ensure a constant supply of clean energy. the thi
. the sheriff released this photo of the pot right there which filled dozens of bags. >> president obama makes his pick for treasury secretary and why the nominee is promising to work on his penmanship. >> a concern about this year's flu season: could the nation be running out of flu stop. >> and this pod of whales has been trapped by ice in >> public health officials are concerned about the nation's supply of flu vaccine with the worse problem in a decade. more than 128 million of the supply have been used and 29 states report higher-than-normal cases and health officials are concerned because we are just now entering the height of the flu season. the early onset and severe strain or reasons for the difficult season affecting the nation. >> governor brown has declared an end to california's budget deficit. he has the state budget proposal an hour ago. the big winner in the budget plan is public education which will get more than $2.5 billion extra to fund k-12 and community college education. the uc and csu systems get an additional $250 million each. it calls for change to the program that t
after a few years. this afternoon, president obama is expected to nominate jack lew to be his next treasury secretary replacing tim geithner. lew is currently white house staff and he's known as a tough bargainer and was involved in the debt ceiling with congress back in 2011 and, of course, the recent fiscal cliff talks. republicans aren't excited about the pick but it's unlikely they'll be blocking that nomination. keith, back to you. >> all right. thanks hampton. >> you got it. >>> we introduced you to a wonderful young man who was really hoping a family would come forward to adopt him after his appearance on "wednesday's child" last spring. we think the right family didn't happen to be watching so we want you to have an opportunity to meet ronald again. there was a chef's coat and an apron and finally, the making ronald ready for his first real lesson in cooking. >> you ever worked with pan he ta before? >> this chef of the art institute of washington's culinary school was giving ronald, an aspiring chef, a lesson in making pasta carbonera. his social worker says being a chef i
years. obama has to finish out his term and hillary is going to take another eight years. rubio will help for the republicans but he is cuban and the latinos are not going to go for mexicans and latinos. you have to remember the cubans had kennedy and the russians and all that. the latinos will not follow you as they would a real latino. >> host: what was your first about speaker boehner? >> caller: he needs to have a republican presidents to have any help. >> guest: it's a very fair point. one of the real problems right t right now is in the republican party and even within the conservative movement. so many people were banking on mitt romney winning the presidential election and so much of what we have seen on plan b in the house on the fiscal cliff and senate and the house is a reaction of not having the power everyone expected or hoped for coming out of the 2012 election so there's a real question on what is moving forward. your question about hispanic vote is an interesting one because beyond all these fiscal issues immigration is likely to bubble up in 2013 is a major issu
the start of the military campaign. the rule of aircraft in the conflict seems to be growing. last year drones fired more than 500 missiles. 200 more than in 2011. commanders are hoping to transfer power to their afghan counter parts. karzai is visiting washington. he plans to ask the obama administration to provide advanced high-tech weapons. >>> the japanese prime minister is moving from meeting to meeting to do what which he for the economy. he's putting pressure on the bank of japan to do more. >> it's clear he wants prices to rise. they will conduct monetary easing to reflect the prime minister request for a 2% inflation target. this comes as prime minister abe called for more cooperation for his administration and the bank of japan. >> translator: during the cent allower house election campaign i call eed for the central banko set a 2% inflation target and take bold, monetary easing steps. i want the bank to take this into consideration when it forms monetary policy. >> translator: the government and the central bank have had monetary discussions three times a month. we will conti
lawyers plan to tell the judge today. >>> president obama is putting a symbolic twist on this year's inauguration. why you may want to pay close attention when he takes the oath of office. (woman) 3 days of walking to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a lifetime. visit to register or to request more information and receive a free 3-day bracelet today. ♪ building up from deep inside it was 3 days of pure joy. susan g. komen's investments in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful
of staff to president obama might be seen as a bit partisan for the job. let me tell you, four years ago, michael, the world was in a financial crisis, it all circulated around banks and credit and central banks. timothy geithner was the guy for the job. head of the federal reserve. he was in the room when they decided to let lehman brothers fail. he knew what was going on. four years later, it's all about the budget. whether it's the debt ceiling or sequestration or the actual budget that the u.s. hasn't created since 2009, the next six to eight months is all going to be about the budget. my sense is, i don't know whether jack lue is the guy for all four years. he's definitely the guy for the next several months. he headed the office of management and budget, that's called the omb, twice. once under clinton, and then after peter orszag left under president obama. this guy knows budgets. he knows everything about it. no learning curve. he is dropping right into the debt ceiling debate. very weird because geithner's leaving. he's got to get into it. for the immediate problem he seems emin
in the district were at 98% capacity. >> we run on adrenaline during that time. >> president obama's inauguration drew a record crowd. this year officials expect to see 600 to 800 thousand people. attendants which tends to be smaller. in 2005 former president george w. bush attracted about 400,000 people. >> a lot of the final planning takes place after the election, to think about planning a wedding in three months. >> the president will take the oath of office, and assembly stands alonged parade route. several parties are already sold out. mehmmorabilia is already flying off the shelf. >> i have an obama mug. >> i think i'll get my son a t-shirt. >> and this line will soon grow. >> it's only the second time that an inauguration has coincided with the martin luther king holiday. that could contribute to the crowds. this weekend organizers will hold a dress rehearsal. and click on our locals guide. >>> well, some of it has to do with your eyes. next the facial characteristics that could determine how much people trust you. pif you're living with moderate to severe crohn's disease, and it feels li
in afghanistan, including plans to withdraw the majority of u.s. troops by the end of next year. karzai meets with president obama at the white house tomorrow. >>> there appears to be a solid reason to keep controversial photographs of osama bin laden from the public eye. that, according to a federal appeals court judge. a group called judicial watch filed a freedom of information act request for those photographs. those photographs were taken during and after the raid in which u.s. commandos killed bin laden back in 2011. today in court judicial watch argued that the government did not provide a specific enough basis for denies the request for fraps. the judge said the government cited specific concerns that the images might be used by al qaeda as propaganda to spark andy-uss sentiments. >>> a push to move the fbi headquarters for the commonwealth. they said the fbi's 11,000 employees to relocate. david culver is in springfield with details on the proposal and the potential relocation site. >> if fairfax county officials have it their way, this would be the new headquarters for the fbi. real
long. long."if you took not only the tax creases that president obama wants but it you every single penny and dollar thatt -3 they made over a course of a -3 year you'd only ankroll the & months that hardly seems like a meaning full solution. right and that assumes that people would still ork and stil invest. invest. so we decided to see - how something even more prastic wouud work.... what about taking 100 percent of in one year. we're talking about taking aboutt100 percent of their entire fortunes.. we went to the forbes magazine liit of 100 richest americaas. pnd we added up the entire buffet and the next 98 people -3 on the super wealthy - came outtto a huge number.,.... just over one trillion dollarssso hat if -3 money?with the current rate -3 of ffderal spending we found & thaa a trrllion dollarr would only wwpe out the ffderal deficit for one yyar.that would till leave the ccuntty with a nationaa debt of more ttan 16 trillion dollars and - climbing.. and it would also leavee100 former 3 peeny to theii nameettere &pdoesn't seem to b
to 355,750. that is after falling to a four- year low the previous week. president obama is set to nominate his choice for treasury secretary today. the nominee, what house chief of staff jack lew. if confirmed by the senate, he would replace tim geithner. some complain that he is too unyielding in past fiscal negotiations, specifically alabama senator jeff sessions. he says, "jack lew must never be treasury secretary." adding, "any loan disqualifies." senator sessions is not saying yet whether he will filibuster the nomination. president obama will make the announcement at 1:30 p.m. eastern time, and you can hear it live on c-span radio or watch on c-span. meanwhile, labor secretary bill the sully's is resigning, saying she returns -- labor secretary hilda solis is resigning. responding to the news, president obama called her a tireless champion for working families. the white house says that attorney general eric holder, health and human services secretary kathleen sebelius, and -- will remain at their posts. a new rule on mortgages. the aim is to return -- for the first time,
to innovate is exhausting in government. let me tell you. in spite of that, i am ready for several more years of innovation. i hope you are. i hope california is. [laughter] [applause] >> for this next question, let's pretend that president obama is sitting in this chair. but pretend this is a private room -- let's pretend this is a private room. we need everyone out there to be quiet. if you were here along with the president, what are the two things you would tell him you need to make your state more competitive or all states more competitive? >> i think and i am an unabashed supporter of the president. i do not think all his policies are perfect but he has done a remarkable job of coming into an almost impossible situation in dealing with it as best you can. i can -- would look at the programs that have already embarked on the investment of making sure the government supports research at the deepest trouble and is providing not just grants but tax credits. the focus on making sure that we're building a culture of innovation. colorado is the last three years when there were no jobs anywhere
the pilot of "modern family" in 18 episodes. and john levet, obama's speechwriter for four years and before that, hillary clinton and there's so much talent. there was a lot right about this show that drew me in. >> did you model any existing former or first lady? >> it's really a combination. i wanted to make sure. certainly inspired by michelle obama, in that she's modern and has pride in her health and persona. is energetic and present and participatory, but the feistiness of eleanor roosevelt. >> we understand savannah guthrie has a little cameo. >> she does. she kind of tortures my character a bit. >> hard hitting. exactly. >> my character put herself through law school and ran her husband's campaign and got him into the presidency. what they took from my life, i am a classically trained dancer and they brought that to my character. she's like really -- >> let's put it this way. i'm the butt of the joke on that one. >> again? >> exactly. >> jenna elfman, it's a great series, "1600 penn." catch it at 9:30, 8:30 central. thank you. >> this is wbal-tv 11 news in baltimore. >> good morning
? >> rosa brooks has written about this. it's called no girls allowed, and why the obama administration needs hormone therapy. rosa brooks is a national security law professor at georgetown. she spent two years working for michelle flournoy at the pentagon. great to see you. thanks for your time. >> glad to be here, rachel. >> in terms of the raw numbers, the obama administration is roughly equivalent to the clinton administration in terms of female appointees. it is doing better than the bush administration. but you feel like they're worthy of some criticism on this subject? >> oh, i hold president obama to a pretty high standard. i would like to think after the eight years of the bush administration, we could do a little better than the clinton administration, not just go back to the clinton administration. although i have to say, if i were valerie jarrett and i were about to go off the fiscal cliff, i would hide behind jay carney too. >> on the issue of michelle flournoy, you're not totally objecting on this. she is highly regarded in washington, not just by you, but by pretty much e
department. ezra writes, in part, "president obama's personnel strategy has changed over the years. when he first took office, his hiring choices were notable for the wide net he cast. but after that initial burst of hiring, obama has shown a clear preference for what some allies call line-of-sight promoting. what they mean is the president likes to promote people in his direct line of sight. it makes sense for the president to prize past experience and a proven ability to get along with his team. but viewed together, the appointments have become very strange, and a frequent source of speculation among democratic insiders. the fact is the white house has not name an actual actual to their economic team since taking office." ezra, is this a big problem for the president? >> it's hard to say if it's a big problem. i think it's become an increasing problem. and it's just become to some degree increasingly strange. as i say in the piece, there's not any one of these appointments you could look at and say well, that didn't make sense. jack lew makes sense at treasury. it made sense to replace pe
years of experience behind it. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. bill: president obama expected to nominate white house chief of staff jack lew later today to be the next treasury of the secretary, but if lou is confirmed he might consider sharpening that signature which will pretty much be on all u.s. currency. here it is loopy and arguably unreadable. current treasury secretary tim geithner said he had a similar problem before he took over. here it is before he took the job. and here what it looks like now. he improved his penmanship to make it easier for folks to read. i can't argue. have you seen mine? martha: it deteriorates with every passing year. bill: jack lew that --. martha: well it is the worst flu outbreak in at least a decade and doing a number on people across the country. the virus is reported in 41 states with nine states reporting high or severe levels of flu. boston's mayor says his city is under siege. he is declaring a public health emergency. the state
. so far, so good. we're on high alert, especially after this. inappropriateness. barack huessein obama. mmmm, mmm, mmm. >> bob: i read my kids for the three first years and then i didn't understand it. it could don't this. third to six grade. are you kidding he? do this! >> dana: you're good at numbers. >> bob: one thing i will say about this. we have five examples here. teachers doing things you don't like. there are three plus million public school teachers in america. i don't want to leave the impression they're all doing this. >> eric: i don't mean to make that impression. but they say sing this song or say let's write --be >> dana: they bought this. why would a third grader think distribute the wealth is interesting? the sub head is understand the distributive property. third graders. >> bob: i don't understand what it is. >> dana: i asked a friend about this today. she has three kids. 13, 11, 7. she sent me something that was interesting good example i didn't tell you about before, bob. it's really funny. in washington, d.c., they can't celebrate thanksgiving anymore. they're not
high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> president obama getting ready to name his choice for treasury secretary. we will hit it live in about 15 minutes. and see why some are so concerned about the choice and it has nothing to do with his squigly signature, sue. >> indeed, it does not, ty. it has been a tough day for shareholders right now down at $60.50. after holiday sales came in at the low end of expectations. it was $992 plilon worldwide. u.s. same store sales were the weakest dropping 2% p european sales were flat. asia was a bright spot with comparable sales increasing 7%. tiffany now saying its annual earnings will come in at the low end of its previous guidance and the street is punishing it for that today, ty. >> thank pup teen retailers, reporting holiday sales figures and here is how they are tried trading right now. here is a look . courtney reagan is on the retail beat. court? >> as with teens, the stocks can be a little fickle. three releasing holiday results today. each tell a different story. the t
of steroids, no one has been elected to the baseball hall of fame this year, nobody. we're going to ask someone who actually had a vote about the whole subject. >>> and later, president obama is about to nominate jack liu for treasury secretary. i say it's a terrible idea. what do big names like steve forbes and howard dean say? we're going to ask them. i suspect sparks will fly. and don't forget, folks, free market capitalism is the best path to prosperity. somebody's got to teach that to jack liu. we'll be right back. ♪ you know my heart burns for you... ♪ i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. [ male announcer ] over a third of a day's fiber. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actua
and the monetary side are not going to get more qe we think this year to off set austerity. we've bought nearly 375 billion. >> target? >> 152 or roughly on cable. 88 in euro/sterling. we've bought nearly 375 billion. >>> you're watching "worldwide exchange." president obama is expected to tap jack lew to lead the u.s. treasury, replacing timothy geithner. >>> chinese exports blow past expect ages in december, rising 14% on the year while raising expectations for next week's gdp reading. >>> investors are still cautious ahead of interest rate decisions in europe with neither the ecb nor the bank of england seen changing their stance. >>> plus, europe successfully places medium and long-term bonds for spain in its first auction of the year. >>> if you've just joined us stateside, futures, the dow at the moment currently 38 points above fair value, the nasdaq is 9 points above fair value and the s&p 500 is just over 5 points above fair value. european stocks have been cautious throughout the morning. we've just hit the session high. the ftse cnbc global 300 is up about .25% at the moment. we'll show
information this time of year, george. >>> to the white house, now. where president obama is firming up his team for the second term. this afternoon, he'll announce that white house chief of staff, jack lew, is his pick for treasury secretary. which means for the first time in years, all of the premier cabinet positions will be held by men. jon karl is covering the shuffle in the white house. good morning, jon. >> reporter: good morning, george. some critics are looking at the president's emerging second-term team and asking, where are the women? today, it's jack lew for treasury secretary. earlier this week, chuck hagel for defense. and john brennan for cia. >> i'm looking forwards to working with these two gentlemen. >> reporter: and before that, john kerry for secretary of state. four top appointments since the election. four men. and then, this. "the new york times" published this white house photograph wednesday, showing the president speaking with top advisers in the oval office. ten people visible, all men. and late wednesday, labor secretary, hilda solis, announced she's leaving. th
clinton and obama and helping not only to balance the budget in the '90s but generate a surplus. two years ago, he helped negotiate the budget control act. politico puts it this way. tim geithner was a banking man tapped to handle a banking crisis. jack lew is a budget guy being brought in to handle the government's fiscal disaster. on the hill, a handful of republicans oppose lew's confirmation but survived the process twice in four years at omb director and deputy secretary of state. we have jake sherman here. we're hearing yet another white man added to a cabinet with quite a few white men and dwindling number of females s. the president and the team feeling president to add some more diverse faces to the team? >> they released a photo showing that president obama does, in fact, have female advisers in the inner circle and more opportunities yesterday. solis said she was stepping down from the labor department which she ran since the beginning of the administration. transportation is a role that they've been wishy-washy on whether ray la hood would say and more opportunities. susan rice
. that said, the bar is higher at this point. it's years later. women have really emerged as a bigger -- who elected barack obama? men -- a majority of men voted for the republican nominee, mitt romney. it was women what were the target of the obama campaign, and i think women have some expectations to be represented. it's been a long time. it's been at least six years since there's been no woman in those top four jobs, those big four cabinet jobs that are first in line for succession to the presidency, and that are seen as the most powerful policymakers in the president's administration. >> going forward, what about the chuck hagel nomination? you cover the pentagon, elizabeth. ruth, we have all been watching this. the white house does feel confident that they have the votes. this is before the hearings, and you never know what will happen at the hearings. >> this is another baseball quote, but it's never over until it's over, and you have seen in -- you and i have both seen, all of us, enough nominations to know that things can change in an instant with dredged up quote or a bad performanc
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